HIPAA: The Health Insurance Portability & Accountability Act in the Coronavirus Era
HIPAA impacts virtually every area of practice for CPA's who work with healthcare industry clients, right down to the QuickBooks or other general ledger package. Firms who do specialized consulting in this area are even more likely to confront critical HIPAA issues, as are valuation and litigation experts.
Although basic HIPPA rules have not changed since the implementation of the HITECH Act in late 2013, in response to the COVID-19 pandemic, HHS announced major changes to the enforcement of HIPAA compliance in 2020, which will remain in place for the duration of the nationwide public health emergency. Business Associates - which typically include CPAs with healthcare clients - are granted special waivers from the prohibition against disclosing HIPAA-covered data to the likes of Federal public health authorities and health oversight agencies. In addition, the rapid expansion of telehealth services - medical services via telephone or video-modalities such as Zoom - is a critical factor that CPAs should be familiar with when advising healthcare clients.
In addition to current developments, this webinar will look at the regulatory update process that was in motion before COVID-19 as well as the recent history of enforcement actions before the Pandemic. (1 CPE)